Compared to the rest of the Memphis market, the South Main Historic District region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 10 listings have been posted online, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 14,440 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are around 3 stories. Most buildings in this area were built in 1911 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Most of the folk of South Main Historic District work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in South Main Historic District.
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